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Property profile & analytics
OFF-MARKET
Commercial real estate

401 Elliott St Breckenridge, TX 76424

780 SF 0.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-maintained mobile home park situated on a 0.66-acre lot in Breckenridge, Texas. The property boasts three currently occupied, updated single-wide manufactured homes (SWMHs), generating immediate rental income. Each SWMH is in good condition, contributing to the property's strong cash flow. Adding to its appeal, three additional vacant lots are available, providing significant potential for expansion and increased revenue. The park is attractively landscaped with mature oak trees, offering a peaceful country setting while remaining conveniently close to downtown Breckenridge. Residents enjoy easy access to shopping, dining, schools, churches, and essential services. The location also offers proximity to outdoor recreation, with Hubbard Creek Lake just five miles away and Possum Kingdom Lake a short drive. This multi-parcel property is priced at $140,000 and presents a rare chance to acquire a turnkey income-generating asset with considerable upside potential. The 780 square foot total building area is spread across the three existing units. This is a truly unique opportunity for investors seeking a stable and growing income stream in a desirable location.

Property profile
Verified
Property type Commercial real estate
Total area 780 SF
Lot 0.66 ac (28,750 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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